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    Exam 8: Banking Procedures and Control of Cash
  5. Question
    A Petty Cash Fund Is Set Up
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A Petty Cash Fund Is Set Up

Question 55

Question 55

Multiple Choice

A petty cash fund is set up


A) to pay for large expenses.
B) to pay for small expenses.
C) for the owner to withdraw money for personal use conveniently.
D) None of these answers are correct.

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